Analysts/Institutional Investor Meet/Con. Call Updates

REF: SECT/11/2026/09 DATE: NOVEMBER 10, 2026 To, To, The Managing Director The General Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, P.J. Towers, Bandra Kurla Complex, Dalal Street, Bandra – East, Mumbai – 400 051 Mumbai - 400001 NSE Symbol – RSYSTEMS BSE Scrip Code – 532735; 977286 Dear Sir/ Madam, SUB: SUBMISSION OF TRANSCRIPT OF THE INVESTORS/ ANALYSTS CALL FOR THE QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the Investors/ Analysts Call held on Wednesday, November 4, 2026, in relation to the financial results of the Company for the quarter and nine months ended September 30, 2026. Further, please note that the transcript of the aforesaid Investors/ Analysts Call is also being made available on the website of the Company at the following link: https://www.rsystems.com/investors-analysts-call/ This is for your information and records. Thanking you, Yours faithfully, For R Systems International Limited Gurprit Singh Company Secretary & Compliance Officer R SYSTEMS INTERNATIONAL LIMITED Corporate Office Contact details Registered Office 3rd Floor, Tower No. 1, IT/ITES SEZ of Artha Infratech Pvt. Ltd. +91-120-4303500 GF-1-A, 6, Devika Tower Nehru Plot No. 21, Sector TechZone-IV, Greater Noida West rsil@rsystems.com Place New Delhi 110019, India Gautam Buddha Nagar, Uttar Pradesh, 201306, India www.rsystems.com CIN: L74899DL1993PLC053579 “R Systems International Limited Q3 FY 2026 Earnings Conference Call” November 04, 2026 MANAGEMENT: MR. NITESH BANSAL – MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER MR. NAND SARDANA – CHIEF FINANCIAL OFFICER MR. GIRIRAJ MAHESHWARI – VICE PRESIDENT, FINANCE & ACCOUNTS Notes: 1. Please note that no unpublished price sensitive information was shared/ discussed during or in pursuance to this Earnings Call. 2. This transcript has been edited for readability purposes and may contain errors. The Company takes no responsibility for such errors, although an effort has been made to ensure high level of accuracy. Page 1 of 15 R Systems International Limited November 04, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the R Systems Q3 FY 2026 Earnings Conference Call. As a reminder, all participants lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ then ‘0’ on your touch-tone phone. I now hand the conference over to Mr. Giriraj. Thank you, and over to you, sir. Giriraj Maheshwari: Thank you, Iqra. Good Morning everyone, and welcome to R Systems Q3 2026 Earnings Conference Call. Before we begin, on behalf of the entire R Systems’ team, I would like to wish all of you and your family a very happy and prosperous Diwali. May this festive season bring happiness and good health and continued success to everyone. As R Systems follows the calendar year as its financial year, the July to September period represents the third quarter of 2026. Today, we have with us Mr. Nitesh Bansal, Managing Director and CEO of R Systems; Mr. Nand Sardana, CFO of R Systems. We have shared the investor presentation yesterday evening and have also uploaded it on the company website and the stock exchange website. We hope you have had an opportunity to review it. We will begin the call with the opening remarks from Nitesh on the company performance, followed by a financial overview from Nand. Nitesh will share his closing remarks, after which we will open the floor for the Q&A session. Before I hand over the call, let me read out the customary disclaimer on behalf of the company. Investors are cautioned that this presentation and the discussion during the call may contain certain forward looking statements that involve risks and uncertainties. Actual results, performance or achievement could differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise. With that, I will now hand over the call to Nitesh for his opening remarks. Thank you, and over to you, sir. Nitesh Bansal: Thank you, Giri, and good morning, everyone. Thank you for joining our call. Like I've always said, it's a pleasure for me to be doing these calls and getting your questions. Like Giri said, we circulated the presentation in advance. So those who are referring to the presentation, I will mention the slide number from time to time. Otherwise, any which way, I'll provide the commentary on how the quarter has been. So beginning with Slide number 4 for the financial performance of the third quarter ended September 2026. We closed with a strong revenue of INR 615.2 crores or $64.4 million, which reflects a 23.4% year over year increase or 2.2% quarter over quarter. The adjusted EBITDA stood at INR 124.4 crores or $13 million, which is at an all-time high of 20.2% as a percentage of revenue and records a year over year growth of 47.4% or a quarter over quarter growth of 3.1%. The adjustments, as we have maintained, are largely related to Page 2 of 15 R Systems International Limited November 04, 2026 RSUs costs and any other non-recurring items, which is then carried forward into net profits, which stands at INR 66.5 crores or $6.9 million, which is 10.8% of revenue or 53.1% growth year over year, which results in adjusted EPS of INR 5.6, which is a 53% growth over the last year. If you look at the performance over the last 8 quarters, this is 7 continuous quarters of growth that we have delivered as an organization while not just maintaining but improving our margins performance in a very sustainable manner. If you look at the margin bridge, of course, currency helped quite a bit, adding about INR 7 crores to the net EBITDA increase. A slight dip in operating margin comes largely from the higher hiring costs, etc., of AI talent as a very large part of the revenues that we are now getting is influenced or led by AI. Moving to Slide number 5, If I look at because this is 3 quarters ending, so this is Jan to September 2026 performance compared to Jan to September 2025. Revenues for the 3 quarters ending stood at INR 1,791.7 crores or $190.7 million, which is a year over year increase of 27.7%. Corresponding adjusted EBITDA stood at INR 360.9 crores or $38.4 million as a percentage of revenue at 20.1% and 49.7% increase year over year. Corresponding adjusted net profit stood at INR 205.1 crores or $21.8 million, which is adjusted net profit of 11.5%, an increase of 54% over the previous year and 3 quarter adjusted EPS of INR 17.3 or a growth of 53.8%. And this EBITDA bridge, of course, makes things clearer in terms of that we are as we have increased our revenues, it has contributed to the margins as well as got gains due to the currency amounting to over INR 78 crores, leading to the 3 quarters adjusted EBITDA of INR 360.9 crores. Providing a comparative on Slide number 6 for those who are referring to the slides, if we just look at it, this is a quarter-on-quarter comparison with the same quarter last year and then with the previous quarter. Revenue stood at INR 615.2 crores compared to INR 498.6 crores in the same quarter last year, which is 23.4% increase or INR 601.7 crores in the last quarter, which is a 2.2% increase. Adjusted EBITDA of INR 124.4 crores which is compared to INR 84.4 crores in the same quarter last year, which is a 47.4% increase or INR 120.7 crores in the previous quarter, which is Q2 of 2026, which is a 3.1% increase. The adjusted EBITDA percentage corresponding to it is 20.2% compared to 16.9% in the same quarter last year or 20.1% last quarter. Adjusted net profit stood at INR 66.5 crores compared to INR 43.4 crores [Showing first 8,000 characters — download PDF for full document]